The offshore oil and gas updates October 2025 reveal a dynamic month for the global upstream industry. Rig mobilisations, contract conversions, hydrocarbon discoveries, and new carbon capture initiatives underline the sector’s balance between traditional drilling momentum and the energy transition. From Guyana and Namibia to the UK North Sea and Brazil, activity levels remain strong, […]
The offshore oil and gas updates September 2025 highlight a dynamic period for the global industry. Rig contracts are being extended, governments are opening new bid rounds, and frontier exploration is gaining momentum. From Qatar to Uruguay, here’s a comprehensive look at the latest developments shaping upstream oil and gas. Rig Contracts and Extensions Borgland
Offshore Oil and Gas Updates September 2025 | Rig Contracts, Licenses & Exploration Read More »
Shell Deepwater Proteus Nashville prospect activity has commenced as Shell moves one of its flagship deepwater rigs to a promising target in the Gulf of Mexico. The move is part of the company’s ongoing focus on deepwater high-yield blocks. About the Nashville Prospect The Nashville prospect lies in the Mississippi Canyon lease area, where Shell
Shell Moves Deepwater Proteus to Nashville Prospect in Gulf of Mexico Read More »
In early 2025, Oil and Natural Gas Corporation (ONGC) reported a controlled gas leak incident at a drilling site in Sivasagar, Assam. The event occurred during routine drilling operations in the Rudrasagar oil field, one of ONGC’s key onshore assets in the Northeast region. This blog post explains what led to the ONGC gas leak
ONGC Gas Leak Assam 2025: What Happened, How It Was Handled & Key Safety Insights Read More »
India’s leading oil and gas producer, Oil and Natural Gas Corporation (ONGC), has awarded multi-year drilling contracts to Aban Offshore and Jindal Drilling & Industries for the deployment of two jack-up rigs: Aban VIII and Jindal Explorer. These contracts highlight ONGC’s commitment to boosting offshore exploration and production activities. Aban VIII to Begin Operations by
ONGC Awards 3-Year Drilling Contracts to Aban Offshore and Jindal Drilling Read More »
Velesto Energy has scored a new win in Southeast Asia with a fresh offshore drilling contract for its NAGA 4 jack-up rig. The deal comes from Phu Quoc Petroleum Operating Company (PQPOC) in Vietnam, signaling Velesto’s growing presence in the regional drilling market. Over 40 Wells to Be Drilled Starting 2026 Under this newly signed
Velesto’s NAGA 4 Rig Bags Major Drilling Deal in Vietnam Read More »
ADES, the Saudi-based drilling company, has renewed a long-term contract for one of its offshore jackup rigs that had been temporarily suspended by Saudi Aramco. The updated deal will run for a solid 10 years, marking a major step in restoring ADES’ fleet operations and strengthening its future revenue pipeline. Deal Worth an Estimated $290
ADES Secures 10-Year Jackup Rig Renewal with Saudi Aramco Read More »
